News
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BRIEF-Nordex Secures 247 MW Wind Turbine Orders From Canada
Jan 13 (Reuters) - NORDEX SE NDXG.DE:GROUP SECURES 247 MW WIND TURBINE ORDERS FROM CANADA, REACHES 1 GW OF SALES TO NORTH AMERICA IN 2024SECURES 247 MW WIND TURBINE ORDERS FROM CANADARECEIVES ORDERS FOR 36 N163/6.X TURBINES IN CANADATO DELIVER 7 MW TURBINES IN SPRING 2026DELTA4000 SERIES TURBINES DE...Reuters
Mon, Jan 13
TECHNICALS-CBOT soybeans may test resistance at $10.30-1/2
For more technical analyses, please click TECH/CSINGAPORE, Jan 13 (Reuters) - The CBOT soybean March contract SH25 may test resistance at $10.30-1/2 per bushel, with a good chance of breaking above it and rising towards $10.55-3/4.The contract has broken a falling trendline. The break signals a reve...Reuters
Mon, Jan 13
PRESS DIGEST - Wall Street Journal - Jan 13
Jan 13 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- The U.S. government has extended until June a deadline for Nippon Steel 5401.T to drop its planned acquisition of U.S. Steel X.N.- Stephen M...Reuters
Mon, Jan 13
China 2024 iron ore imports hit record on resilient demand, steel exports
BEIJING, Jan 13 (Reuters) - China's iron ore imports in 2024 rose to a record high for a second year, customs data showed on Monday, as lower prices spurred buying while demand remained resilient due in large part to massive steel exports that are inflaming trade tensions.Reuters
Mon, Jan 13
CORRECTED-UPDATE 2-China 2024 iron ore imports hit record on resilient demand, steel exports
Corrects reference to steel exports in penultimate paragraph to 'last year', not 'this year'Dec iron ore imports up 11.5% y/y, up 10.4% m/m2024 iron ore imports up 4.9% y/y2024 steel exports up 22.7% y/y2024 steel imports down 10.9% y/yBy Amy Lv and Lewis Jackson BEIJING, Jan 13 (Reuters) - China...Reuters
Mon, Jan 13
Gold price retreats from one-month peak amid bullish USD, elevated US bond yields
Gold price (XAU/USD) attracts some sellers during the Asian session on Monday and for now, seems to have snapped a four-day winning streak to the $2,700 neighborhood, or a one-month high touched on Friday.
Fxstreet
Mon, Jan 13
QUOTES-Reactions to new U.S. sanctions against Russian energy interests
Jan 12 (Reuters) - The U.S. Treasury on Friday announced sweeping new sanctions against the Russian energy sector, including oil majors Gazprom Neft SIBN.MM and Surgutneftegaz SNGS.MM, to try to hinder Moscow in its war with Ukraine.The sanctions also target over 180 vessels and dozens of oil trader...Reuters
Mon, Jan 13
WTI trades around $77.00, reaches three-month highs following US sanctions on Russian Oil
West Texas Intermediate (WTI) Oil price extends its gains for the third consecutive session, hovering around $77.00 per barrel, near $77.46—levels not seen since October 8—during the Asian trading hours on Monday.
Fxstreet
Mon, Jan 13
BRIEF-Goldman Sachs Says TTF Prices Risks Remain Skewed To Upside
Jan 12 (Reuters) - GOLDMAN SACHS: SAYS TTF PRICES RISKS REMAIN SKEWED TO THE UPSIDE DESPITE MODERATION IN COLD WEATHERSAYS THEIR END-OCT25 STORAGE ESTIMATE UNDER CURRENT WEATHER FORECASTS BELOW 90% FULL SUGGESTS RISKS TO PRICES REMAIN SKEWED TO THE UPSIDESAYS WHILE THE LATEST ROUND OF SANCTIONS HAS ...Reuters
Mon, Jan 13
US sanctions on Russia could push oil over $85, Goldman Sachs says
Jan 12 (Reuters) - Brent crude oil prices could rise above $85 a barrel in the short-term if the latest round of U.S. sanctions against Moscow lead to lower Russian oil output, Goldman Sachs said on Sunday.Prices could touch $90 a barrel if the decline in Russian output coincides with a reduction in...Reuters
Mon, Jan 13
GRAINS-US production estimate cut push corn, soybeans to multi-month highs
Adds analyst comment, updates prices CANBERRA, Jan 13 (Reuters) - Chicago corn and soybean futures rose to multi-month highs on Monday after the U.S. Department of Agriculture (USDA) cut its estimates for U.S. production and end-of-season stocks, suggesting supply will be tighter than previously ...Reuters
Mon, Jan 13
PRESS DIGEST- Financial Times - Jan 13
Jan 13 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- UK pledges huge increase in computing capacity to build AI industry- Billionaire Issa brothers' EG Group readies $13 bln US IPO- Britai...Reuters
Mon, Jan 13
GRAINS-Corn and soybeans at multi-month highs after USDA cuts supply estimates
CANBERRA, Jan 13 (Reuters) - Chicago corn and soybean futures rose on Monday to multi-month highs after the U.S. government on Friday said production of both crops last year was lower than previously thought and cut its estimate for end-of-season U.S. stocks.Reuters
Mon, Jan 13
PRECIOUS-Gold flat amid Trump policy uncertainty, strong US data
Jan 13 (Reuters) - Gold prices held steady on Monday, caught between uncertainty around the incoming Trump administration's policies boosting safe-haven demand and a strong U.S. employment report that supported the Federal Reserve's caution on future rate cuts.Reuters
Mon, Jan 13
METALS-Metals rangebound; Shanghai nickel rises on Indonesia's 2025 mining quota
By Violet Li and Mei Mei Chu SHANGHAI, Jan 13 (Reuters) - Most base metals were rangebound on Monday, as a strong U.S. dollar following robust economic data capped gains and news of Indonesia slashing nickel ore mining quota supported Shanghai nickel.The dollar began the week strong on a blowout ...Reuters
Mon, Jan 13
Tougher U.S. sanctions to curb Russian oil supply to China and India
143 sanctioned oil tankers shipped over 530 mln bbls Russian crude in 2024 - KplerNew sanctions will disrupt Russian oil supply to top buyers China, IndiaRefiners will seek more oil from Mideast, Africa, Americas driving up spot crude prices and freight costsChinese independents will cut runs if ESPReuters
Mon, Jan 13
BRIEF-Exxonmobil Baytown, Texas Complex Reports Flaring
Jan 12 (Reuters) - EXXONMOBIL:REPORTS PLANNED MAINTENANCE RESULTED IN FLARING AT BAYTOWN, TEXAS COMPLEXSAYS PERSONNEL ARE WORKING TO RETURN OPERATIONS TO NORMAL AS SOON AS POSSIBLESOURCE: COMMUNITY ALERTTHE BAYTOWN COMPLEX HOUSES A CHEMICAL PLANT, AN OLEFINS PLANT AND A 564,440 BARREL-PER-DAY OIL RE...Reuters
Mon, Jan 13
